Looking to diversify beyond THIFX? The mutual funds below have the lowest correlation with THIFX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from THIFX.
Best Diversifiers for THIFX
5 mutual funds have low correlation with THIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Thornburg Global Opportunities Fund (THOIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thornburg Global Opportunities Fund | 0.07 | 0.12 | 0.08 | 94 | Foreign Large Cap Equities | THIFX vs THOIX | |
| Leader Short Term High Yield Bond Fund | 0.12 | 0.17 | 0.22 | 75 | Short-Term Bond | THIFX vs LCCMX | |
| Thornburg Investment Income Builder Fund | 0.20 | 0.24 | 0.17 | 98 | Global Allocation | THIFX vs TIBAX | |
| Thornburg Investment Income Builder Fund Class I | 0.21 | 0.23 | 0.17 | 98 | Diversified Portfolio | THIFX vs TIBIX | |
| DFA Short-Duration Real Return Portfolio | 0.24 | 0.24 | 0.39 | 99 | Short-Term Bond | THIFX vs DFAIX |
See all 19 diversifiers for THIFX
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